"At a time when public spending is under such pressure, and with sports agencies braced for anticipated cuts of around 30%, this represents a major result for the Department of Culture, Media & Sport.

"UK Sport, Sport England and UK Anti-Doping will be relieved and probably surprised that their Exchequer funding has actually increased - a sign, it seems, that sport is valued by government, especially when it produces medals and national glory.

"However, community sport depends much more on local authority funding than it does on Sport England. And with a 24% cut to local government grant funding, non-statutory leisure budgets are bound to continue to dwindle.

"This is a crucial time for sports policy; participation rates have been falling, obesity is rising, and a new national sports strategy will be unveiled in the coming weeks. Despite this good news today, the pressure is still on our sports agencies."

Sports minister Tracey Crouch said: "This settlement recognises the wider value of sport in society and how it plays an important role in boosting the economy.

"The increase in funding will support our elite athletes in the run-up to the Tokyo 2020 Olympic and Paralympic Games, grow the grassroots to get more people involved in sport and promote clean sport in the UK and beyond."

The extra funding was also welcome by Emma Boggis, chief executive of the Sport and Recreation Alliance.

"Our elite athletes have an incredible record of success," Boggis said.

"That success is good for the country in lots of ways - not least increasing national pride, creating role models and generating economic benefit through the continued delivery of major events in the UK."